Studio369, known for their work on MetalCore, recently secured $5 million in funding to boost their MMO Web3 game.
In Brief
The $5 million funding raised by Studio369 is being directed towards the ongoing development and implementation of AI features in their Web3 MMO shooting game.

The creative minds behind the eagerly awaited Web3 multiplayer PvP shooter, MetalCore, have successfully secured $5 million in their latest funding round. Notable backers, including BITKRAFT Ventures, Delphi Digital, and Sanctor Capital, joined other firms like SpartanGroup and Arrington Capital to support this initiative. Studio369 Studio369 has announced that the fresh capital will be used to enhance the game's development, particularly to support new functionalities like a dynamic mission system powered by AI, allowing for unique assignments that ensure endless replay value.
"Thanks to this funding, we will be able to keep refining MetalCore, experimenting with features like an AI-driven dynamic mission system that creates unique objectives and tasks continually,\" stated Matt Candler, the CEO of Studio369, in an interview with Cryptocurrencylistings. \"Our goal is to deliver an immensely fun, engaging experience to our players.\" MetalCore The ecosystem in MetalCore will facilitate the creation of custom smart contracts, allowing users to conduct in-game transactions, upgrades, and claim rewards with zero gas fees.
Set in an expansive open-world environment, MetalCore is a game where players form factions and compete for territorial control. They have the tools to craft and trade combat vehicles, recruit skilled pilots, and engage in a variety of gameplay activities within a grand scale of planetary warfare.
Additionally, integration into the Immutable zkEVM \"With web3 features, players can truly claim ownership of their in-game items and even generate income by renting or selling these assets. Importantly, there’s no initial purchase required, placing the power of engagement in the hands of the players,\" Candler elaborated.
The development team, composed of seasoned veterans from powerhouse companies like Activision, Lucasfilm, and Midway, aims to provide players with exhilarating PvP confrontations as well as intense battles against various enemies. expansive battlefields Within the game, participants can pilot an array of combat vehicles and giant mechs, each with customizable features and equipment tailored to individual preferences.
"Having worked on the MechWarrior 2 project at Activision back in the late '90s, I've built a wealth of experience in developing Battle-Tech style games. Furthermore, our CTO Dan Nikolaides has roots at Midway Games, contributing to iconic titles like Mortal Kombat and Unreal Engine 3 games, which has allowed us to develop a product that resonates well with players while seamlessly integrating web3 elements to enrich gameplay rather than distract from it,\" shared Studio369’s Matt Candler during the interview with Cryptocurrencylistings.
The game includes a unique 'scanning' system that enables players to acquire vehicle blueprints from their vanquished foes, promoting a lively marketplace for trading web3 assets. Having previously secured $15 million in late 2021 funding, MetalCore is set on pushing the boundaries in gaming. AI-enhanced With the game’s ‘scanning’ feature, players can reap vehicle and mech blueprints from defeated opponents, crafting new gear and converting them into web3 digital collectibles which can be traded on the marketplace. This element of looting, upgrading, and selling is a distinctive aspect of MetalCore, offering players a greater sense of control over their in-game items, Candler explained. “Our objective is to create a hybrid web2/web3 experience that merges the thrill of traditional PvP gameplay with the advantages of blockchain technology.”
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Victor serves as the Managing Tech Editor/Writer at Metaverse Post, focusing on topics like artificial intelligence, cryptocurrency, data science, the metaverse, and cybersecurity from an enterprise perspective. With a solid five years of media and AI experience at notable outlets such as VentureBeat, DatatechVibe, and Analytics India Magazine, he is also a Media Mentor at esteemed universities like Oxford and USC. Armed with a Master’s in data science and analytics, Victor is committed to tracking the latest trends. Web3 gaming innovation.
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